Recruitment and Selection Practices in MNCs-An Appraisal

Abstract

The success of MNCs especially in emerging economies depends on the extent they cope with competitive market dynamics in various sectors. One way of coping with the situation is through effective recruitment and selection of the right and diverse employees for business units operated beyond the traditional markets. Effective acquisition of the right human resource is dependent on the policies and practices embraced bearing in mind that there are no universal best practices that could be applied in all the markets. The practices are normally dictated by the parent company and subsidiary relationship, the constantly changing business environment. Based on this backdrop, this article describes hiring issues and empirically evaluates selected recruitment and selection practices for MNCs in the state of Karnataka.